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Fixed Income & Money Market Update: 9th April 2015

BY · April 10, 2015 09:04 am

Secondary Market: Trading in the secondary market declined by 26% with a bond turnover of KES 0.978 billion from KES 1.32 billion the previous day.

Money Market: The interbank rate continued to decline to 7.77% from 7.91% on Thursday. The USDKES pair shed 0.24% to 92.77 as the Central Bank extended further mop ups amounting to KES 3.8Bn in repurchase agreements and term auction deposits as banks continue to keep a watchful eye on volatility.

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